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Westlake Chemical Corporation (WLK)

NYSE - NYSE Delayed Price. Currency in USD
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87.81-0.01 (-0.01%)
At close: 4:00PM EDT

Westlake Chemical Corporation

2801 Post Oak Boulevard
Suite 600
Houston, TX 77056
United States
713 960 9111
http://www.westlake.com

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full Time Employees9,220

Key Executives

NameTitlePayExercisedYear Born
Mr. Albert Yuan ChaoPres, CEO & Director5.29M9.05M1950
Mr. Mark Steven Bender CPAExec. VP & CFO1.93M739.14k1957
Mr. Roger Lester KearnsExec. VP & COO1.24MN/A1963
Mr. L. Benjamin EderingtonSr. VP, Gen. Counsel, Chief Admin. Officer & Corp. Sec.1.56MN/A1971
Mr. Johnathan Stevan ZoellerVP & Chief Accounting OfficerN/AN/A1976
Mr. Andrew F. KennerSr. VP of OperationsN/AN/A1965
Mr. Robert F. BuesingerExec. VP of Vinyl ProductsN/AN/A1957
Dr. Karl-Martin SchellererManaging Director of Vinnolit Bus. and VPN/AN/AN/A
Mr. Jeff HolyVP & TreasurerN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Westlake Chemical Corporation, together with its subsidiaries, manufactures and markets basic chemicals, vinyls, polymers, and building products worldwide. It operates through two segments, Vinyls and Olefins. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells PVC compounds and building products fabricated from PVC, including residential siding, trim and molding, pipe and fittings for various water, sewer and industrial applications, profiles for windows and doors, decking products, films for various inflatables, wall covering tapes, roofing applications, and composite roof tiles. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products. Westlake Chemical Corporation offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses in various consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, and residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1986 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.

Corporate Governance

Westlake Chemical Corporation’s ISS Governance QualityScore as of September 26, 2021 is 8. The pillar scores are Audit: 4; Board: 9; Shareholder Rights: 8; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.